Marion, MA Tabor Academy has received a transformational $10 million commitment from John Fish ’78, P’15 and his wife Cynthia Fish P’15, marking the largest single pledge of support in the school’s history. Over the past 40 years, John and Cynthia Fish have contributed nearly $20 million in support of Tabor Academy
Weymouth, MA JLL?Capital Markets has completed the sale of 242 Libbey Industrial Pkwy., a 27,000 s/f shallow bay warehouse facility. JLL represented the buyer, Sticks Investment Group, in the acquisition.
North Adams, MA MountainOne has promoted Jonathan Denmark, to executive vice president of MountainOne Bank. In addition to his new leadership responsibilities, Denmark will continue to serve as president and COO of MountainOne Insurance Agency.
Westford, MA ABG Commercial Realty has completed a 4,200 s/f office and manufacturing lease at 364 Littleton Rd. ImPress Technology LLC, a digital printing manufacturer, will occupy the standalone building to expand its production and office operations?.
Hartford, CT The Connecticut/ Western Massachusetts chapter of SIOR has completed its semi-annual membership survey of commercial real estate market conditions. The survey is based on market activity for the period July 1, 2024 through December 31, 2024 within Connecticut and western Massachusetts in the office and industrial sectors.
As we settle into a new year, the landscape for 1031 exchange investors looks promising as they consider the strategies available to them to reposition their equity into a more diversified approach to real estate investing. Whether they utilize the Delaware Statutory Trust (DST) or the 721 exchange UPREIT strategy to potentially achieve their goals,
Los Angeles, CA Cove Capital Investments, LLC, a leading DST sponsor company specializing in debt-free 1031 exchange options, reported a record-breaking performance in 2024, raising $166.5 million in equity, earning the number 9 spot in total capital raised within the securitized 1031 exchange Delaware Statutory Trust (DST) sector,
The Reality of Related Party Exchanges
Contrary to common belief, 1031 exchanges between related parties are permitted under the tax code - they simply come with additional considerations. Understanding these rules is essential for New England
Many New England real estate investors consider lucrative opportunities to purchase an investment property as good deals arise or sometimes when an off-market opportunity is presented. At such time, they may have a sale of an existing relinquished investment property in place (or ready to be marketed soon) that they intend to put in a 1031 exchange – yet,
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment,” to defer paying any capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of the sale, and acquires other
Boston, MA Saam Architecture, a leading architectural firm known for its innovative design solutions and progressive firm culture, has announced the addition of six new shareholders. The new shareholders, Chin Chin Yao, David Goodman, Katie Kernizan
Salem, MA Calare Properties has expanded its prime industrial property portfolio with the purchase of 1 Technology Way. The 84,700 s/f manufacturing facility sits on 16 acres in the high-demand Northern Boston market.